Impact of Digital Transformation on Financial Management in SMES in Boyacá: An Approach to Competitiveness

Abstract

This study analyzes the impact of digital transformation on small and medium-sized enterprises (SMEs) in Boyacá, Colombia, focusing on their competitiveness and sustainability, the research is supported by a non-experimental and descriptive design, 89 companies were surveyed in the cities of Tunja, Duitama and Sogamoso, evaluating key indicators such as technological infrastructure, use of ICT in internal processes, training in digital skills and technological innovation, among the findings show that, although more than 60% of companies have basic access to digital technologies, less than 25% use advanced tools such as e-commerce or management software; Investment in training and adoption of emerging technologies is limited, while external factors, such as high costs and lack of regional infrastructure, aggravate the situation. This study concludes that inclusive public policies, accessible training programs, and a strengthened digital ecosystem are essential to close the digital divide and improve the competitiveness of SMEs in the region.Digital transformation, competitiveness, sustainability, financial management, SMEs.